BS you are talking... @taowave and @newwurldmn are idiots, IMO.
I didn't know I had to. What about your trades?
Fact of trading life: In this game not everybody can be a winner. The profits of the winners are the losses of the losers... :) So we need also...
No need for stops as spreads have a certain guarantee... :) It holds even after a possible early assignment...
@wxytrader, I admit I'm still in my own learning-curve, I'm only quoting just my recent (unfinished yet) research/study results... Cf. the example...
Tip: know (calc) the reward/risk ratio (or expectancy) in advance, before entering the trade... It should be better than 50:50, ie. reward should...
I'm going to write a similar MC simulation to find the correct formula for my said options problem. As can be seen on the "P/L chart" (ie. the PnL...
@deaddog, I need it in a different context, or for a different purpose, as written in above postings since the beginning, ie. as a better or...
HiIV
ATTN: BugFix / Clarification: here AvgLossAmt has to be entered as a negative number!
@Sekiyo, do you know the PnL diagram ("curve") of options constructs, like that of a Collar construct (ie. LongStock + ShortCall + LongPut)? -->...
Found a 5th formula: it gives the expected average win $ amount (which can also be negative, meaning loss): 5) Expectancy = AvgWinAmt * pWin +...
That seems to make sense, yes. What result does your simulation program give for coin tossing (ie. pWin=0.5), and dice throwing (pWin=1/6)?
Since all parameters are known in advance, then I'm a little bit confused why we still need rand(), ie. such a Monte Carlo experiment... And:...
@Sekiyo, thanks! But I'm not sure about your interpretations. Can you explain what you do in each iteration?
Fixing typos/bugs: 1) Expectancy = (1.0 + AvgWinAmt / AvgLossAmt) * pWin - 1.0 2) Expectancy = (AvgWinAmt * pWin - AvgLossAmt * (1.0 - pWin))...
I found out that in the context of trading there are at least 3 formulas for calculating Expectancy: Formula 1) Expectancy = (1.0 - AvgWinAmt /...
Thx folks!
Can a kind soul please post statistics of up days vs down days for SPX, TSLA, and AMD for 2023 and 2022 ? Does the ratio differ significantly from...
@MarkBrown, all your postings seem to be originating from ChatGPT... :-)
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